trade bill
Definition
Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills.
Mentioned in these terms
Popular 'Accounting & Auditing' Terms
trade bill in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/trade-bill.html
